How Do You Compare MPF Fees?

Why did 2011 experts say FER is the best fee yardstick?

In 2011, advisers said the fund expense ratio (FER) compares MPF fees most fully, bundling management, operating and guarantee charges; on HK$12,000 yearly contributions at 6% return, a 2% FER drags the return down to 3.88%. The MPFA website published highest, lowest and average FERs across six fund categories.

How wide are fee gaps by fund type?

Guaranteed funds averaged the highest FER at 2.34%; equity funds spanned 3.69 points between highest and lowest; conservative funds varied least at 1.14 points.

How to be a smart contributor?

Compare returns first, fees second — never on a single quarter; price-check at MPF fund comparison.